Page 2. August 31, Retirement Board 50 Service Avenue, 2nd Floor Warwick, RI Dear Members of the Board:

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1 Page 2 August 31, 2017 Retirement Board 50 Service Avenue, 2nd Floor Warwick, RI Dear Members of the Board: Subject: GASB 67 and 68 Reporting - Actuarial Information Dear Members of the Board: This report and the information provided herein contain certain information for each of the retirement systems administered by the Employees Retirement System of Rhode Island (ERSRI) in connection with the Governmental Accounting Standards Board (GASB) Statement No. 67, Financial Reporting for Pension Plans. Additionally, this report provides information required by the employers covered by ERS in connection with the GASB Statement No. 68, Accounting and Financial Reporting for Pensions. It is intended that the employers covered by ERSRI will use this information in financial reporting for their fiscal years ending June 30, This is an update to the GASB No. 67 report dated January 13, 2017 to incorporate the GASB No. 68 information for the covered employers. The GASB No. 67 information contained in this report is the same as in the previous report except for TSB and RIJRFT which are based on a different valuation date, as noted below. The calculation of the liability associated with the benefits referenced in this report was performed for the purpose of satisfying the requirements of GASB No. 67 and 68 and is not applicable for purposes of funding the plan. A calculation of the plan s liability for other purposes may produce significantly different results. This report may be provided to parties other than Employees Retirement System of Rhode Island (the Board) only in its entirety and only with the permission of the Board. The total pension liability, net pension liability, and certain sensitivity information shown in this report for all plans except TSB and RIJRFT are based on an actuarial valuation performed as of June 30, The total pension liability was rolled-forward from the valuation date to the plan s fiscal year ending June 30, 2016 using generally accepted actuarial principles. The total pension liability, net pension liability, and certain sensitivity information shown in this report for TSB and RIJRFT are based on an actuarial valuation performed as of June 30, The benefit changes from Article 21 have been incorporated in the rolled-forward liabilities. It is our opinion that the assumptions used for this purpose are internally consistent, reasonable, and comply with the requirements under GASB No. 67 and 68. This report is based upon information, furnished to us by the Retirement System, which includes benefit provisions, membership information, and financial data. We did not audit this data and information, but we did apply a number of tests and concluded that it was reasonable and consistent.

2 August Page 2 GRS is not responsible for the accuracy or completeness of the information provided to us by the Retirement System. Certain tables included in the Required Supplementary Information should include a 10-year history of information. As provided for in GASB No. 67, this historical information is only presented for the years in which the information was measured in conformity with the requirements of GASB No. 67. This report provides the information for fiscal year 2016 and should be added to the results from last year s report for this exhibit. This report compliments the actuarial valuation report as of June 30, 2015 and the recently published June 30, 2016 report, provided for plan funding purposes, which are also provided to the Retirement System and should be considered together as a complete report for the Retirement System s fiscal year ending June 30, Please see the actuarial valuation report as of June 30, 2015, dated December 9, 2015, and the actuarial valuation report as of June 30, 2016, dated December 19, 2016, for additional discussion of the actuarial valuation that was used in the roll-forward, including the nature of actuarial calculations and more information related to participant data, economic and demographic assumptions, benefit provisions, and additional disclosures. The net pension liability is measured as the total pension liability, less the amount of the plan s fiduciary net position. In actuarial terms, this will be the accrued liability less the market value of assets (not the smoothed actuarial value of assets that is often encountered in actuarial valuations based on the Board s adopted assumptions and methods). A single discount rate of 7.50% was used to measure the total pension liability for the fiscal years ending June 30, 2015 for all Plans except the RIJRFT which was discounted at 2.85%. This single discount rate was based on the expected rate of return on pension plan investments of 7.50% and a municipal bond rate of 2.85% (based on the 20-year Bond Buyer GO Index as of the end of June 2016). Similarly, the municipal bond rate based on the 20-year Bond Buyer GO Index at the end of June 2015 was 3.80%. Based on the stated assumptions and the projection of cash flows as of each fiscal year ending, the pension plan s fiduciary net position and future contributions were sufficient to finance all the future benefit payments of the current plan members for all but the pay-as-you-go Judges Plan. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of the projected benefit payments to determine the total pension liability for all but one system (including all MERS units). The projection of cash flows used to determine the single discount rate assumed that the funding policy specified in the State Code will remain unchanged in future years. To the best of our knowledge, this report is complete and accurate and is in accordance with generally recognized actuarial practices and methods. The undersigned are independent actuaries and consultants. All are Enrolled Actuaries and members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion herein. All consultants are experienced in performing valuations for large public retirement system.

3 August 31, 2017 Page 3 Respectfully submitted, Joseph P. Newton, FSA, MAAA, EA Senior Consultant Brad Stewart, ASA, MAAA, EA Consultant Paul T. Wood, ASA, MAAA, FCA Consultant

4 Accounting Disclosure Information as of June 30, 2017 Exhibit 1 Schedule of the Employers' Net Pension Liability Plan Fiduciary Net Position as a Percentage of the Total Net Pension Liability as a Percentage of Covered Employee Payroll System Total Pension Liability Plan Fiduciary Net Position Employers' Net Pension Liability (Asset) Pension Liability Covered Employee Payroll (1) (2) (3) (4) (5) (6) (7) State Employee $ 4,410,709,110 $ 2,288,446,139 $ 2,122,262, % $ 671,420, % Teacher $ 6,494,164,064 $ 3,510,586,538 $ 2,983,577, % $ 980,562, % GEN $ 1,143,357,181 $ 901,383,814 $ 241,973, % $ 233,474, % MPF $ 601,947,331 $ 456,492,511 $ 145,454, % $ 96,737, % SPRBT $ 125,557,246 $ 116,316,582 $ 9,240, % $ 20,984, % JRBT $ 66,951,367 $ 60,418,485 $ 6,532, % $ 8,981, % RIJRFT $ 20,571,178 $ 533,525 $ 20,037, % $ 957,007 2,093.8% TSB $ 186,913,175 $ 286,485,057 $ (99,571,882) 153.3% $ 522,968, % 1

5 Accounting Disclosure Information as of June 30, 2017 Exhibit 2 Schedule of Changes in the Employer s Net Pension Liability Change in the Net Pension Liability State Employee Teacher GEN MPF SPRBT JRBT RIJRFT TSB Total pension liability Service Cost 59,017,905 78,445,027 20,993,576 17,716,756 4,316,597 2,858, ,046 2,151,235 Interest 320,857, ,001,292 82,527,045 42,922,588 9,057,956 4,743, ,311 14,803,900 Benefit Changes Difference between actual and expected experience (48,986,533) (50,843,400) (14,594,497) (9,510,635) (4,139,122) (1,205,744) (1,059,933) (22,205,345) Assumption Changes ,865,122 - Benefit Payments (337,538,418) (490,467,141) (70,865,501) (25,248,345) (4,585,258) (2,530,567) (231,176) (8,292,668) Net Change in Total Pension Liability (6,649,658) 8,135,778 18,060,623 25,880,364 4,650,173 3,866,072 1,759,370 (13,542,878) Total Pension Liability - Beginning 4,417,358,768 6,486,028,286 1,125,296, ,066, ,907,073 63,085,295 18,811, ,456,053 Total Pension Liability - Ending (a) $ 4,410,709,110 $ 6,494,164,064 $ 1,143,357,181 $ 601,947,331 $ 125,557,246 $ 66,951,367 $ 20,571,178 $ 186,913,175 Plan Fiduciary Net Position Contributions - Employer 159,534, ,569,556 30,300,536 16,296,479 4,004,656 2,410, , ,276 Contributions - Member 41,021,592 49,502,952 7,244,745 9,561,530 2,034,676 1,052, , ,276 Net Investment Income (3,122,838) (4,788,264) 24,225 (156,872) 58,578 28,787 3,869 (51,004) Benefit Payments (337,538,418) (490,467,141) (70,865,501) (25,248,345) (4,585,258) (2,530,567) (231,176) (8,292,668) Administrative Expense (2,259,017) (3,463,764) (1,178,758) (427,823) (102,053) (52,548) (361) (267,475) Transfers to affiliated systems (252,093) 252, ,940 (312,936) Other 132, ,508 34,888 66, (1) 1 (1) Net Change in Plan Fiduciary Net Position (142,484,337) (222,439,060) (34,126,925) (221,660) 1,410, ,612 47,928 (7,326,596) Plan Fiduciary Net Position - Beginning 2,430,930,476 3,733,025, ,510, ,714, ,905,593 59,509, , ,811,653 Plan Fiduciary Net Position - Ending (b) 2,288,446,139 3,510,586, ,383, ,492, ,316,582 60,418, , ,485,057 Net Pension Liability - Ending (a) - (b) 2,122,262,971 2,983,577, ,973, ,454,820 9,240,664 6,532,882 20,037,653 (99,571,882) Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 51.9% 54.1% 78.8% 75.8% 92.6% 90.2% 2.6% 153.3% Covered-employee payroll 671,420, ,562, ,474,157 96,737,235 20,984,917 8,981, , ,968,886 Net Pension Liability as a Percentage of Covered Employee Payroll 316.1% 304.3% 103.6% 150.4% 44.0% 72.7% % -19.0% 2

6 Accounting Disclosure Information as of June 30, 2017 Exhibit 3 Schedule of the Employers' Contributions System Actuarially Determined Contribution as a Percent of Covered Payroll Actual Rate Contributed by Participating Employers Total Employer Contributions for the Prior Fiscal Year 2 Contribution Deficiency (Excess) Covered Employee Payroll 3 (1) (2) (3) (4) (5) (6) State Employee 23.64% 23.64% $ 159,534,421 $ - $ 671,420,995 Teacher 23.14% 23.14% $ 225,569,556 $ - $ 980,562,840 GEN 12.98% 12.98% $ 30,300,536 $ - $ 233,474,157 MPF 16.85% 16.85% $ 16,296,479 $ - $ 96,737,235 SPRBT 17.22% 17.22% $ 4,004,656 $ - $ 20,984,917 JRBT 26.80% 26.80% $ 2,410,039 $ - $ 8,981,094 RIJRFT $ 1,512,404 $ 140,141 $ 1,372,263 $ 957,007 TSB $ - $ 642,276 $ (642,276) $ 522,968,886 3

7 Accounting Disclosure Information as of June 30, 2017 Exhibit 4 Sensitivity of the Net Pension Liability to Changes in the Discount Rate System 1.00% Decrease (6.50% ) Current Discount Rate (7.50% ) 1.00% Increase (8.50% ) (1) (2) (3) (4) State Employee $ 2,598,795,821 $ 2,122,262,971 $ 1,732,145,629 Teacher $ 3,684,457,175 $ 2,983,577,526 $ 2,409,802,443 GEN $ 363,727,901 $ 241,973,367 $ 142,312,004 MPF $ 208,282,267 $ 145,454,820 $ 94,038,066 SPRBT $ 22,274,893 $ 9,240,664 $ (1,425,705) JRBT $ 13,495,323 $ 6,532,882 $ 835,192 RIJRFT $ 22,300,483 $ 20,037,653 $ 18,186,247 TSB $ (79,011,433) $ (99,571,882) $ (116,394,068) 4

8 Accounting Disclosure Information as of June 30, 2017 Exhibit 5 Notes to the Schedule of Contributions Valuation Date: June 30, 2013 Notes Actuarially determined contribution rates are calculated as of June 30, effective for the fiscal year that begins 24 months after the valuation date. Members contribute based on statutorily fixed rates. Methods and Assumptions Used to Determine Contribution Rates: Actuarial Cost Method For funding purposes, the Entry Age Normal actuarial cost method is used. Amortization Method Level Percentage of Payroll, Closed Remaining Amortization Period 22 years Asset Valuation Method 5 Year smoothed market Inflation 2.75% Salary Increases 4.00% to 14.25% including inflation Investment Rate of Return 7.50% Retirement Age Experience-based table of rates that are specific to the type of eligibility condition. Last updated for the 2011 valuation. Mortality Male Employees, MERS General and MERS P&F: 115% of RP-2000 Combined Healthy for Males with White Collar adjustments, projected with Scale AA from Female Employees, MERS General and MERS P&F: 95% of RP-2000 Combined Healthy for Females with White Collar adjustments, projected with Scale AA from Male Teachers: 97% of rates in a GRS table based on male teacher experience, projected with Scale AA from Female Teachers: 92% of rates in a GRS table based on female teacher experience, projected with Scale AA from Other Information: Notes 5

9 SECTION A GASB NO. 68 INFORMATION FOR PARTICIPATING EMPLOYERS IN THE STATE EMPLOYEES PLAN Section A Financial Statements

10 Section A GASB NO. 68 DISCLOSURE INFORMATION This section of the report shows the GASB No. 68 information for the employers covered by the State Employees Plan. Pages A-1 and A-2 show the aggregate pension expense and Deferred Outflows and (Inflows) of resources for the employers with employees covered by ERSRI. Pages A-3 through A-5 show the disclosure information for the individual employers that need to be incorporated into the employers financial statements. Page A-3 shows the employers their proportionate share of the Net Pension Liability and Pension Expense. Page A-4 shows the employers their deferred inflows and outflows by component. Page A-5 shows the employers the deferred outflows and inflows of resources to be recognized in future years pension expense. PENSION EXPENSE The table below shows the aggregate Pension Expense for the ERSRI employers for the fiscal year ending June 30, Pension Expense for each employer is determined on a proportionate share basis and is shown on page A-3. A. Expense 1. Service Cost $ 59,017, Interest on the Total Pension Liability 320,857, Current-Period Benefit Changes - 4. Employee Contributions (made negative for addition here) (41,021,592) 5. Projected Earnings on Plan Investments (made negative for addition here) (177,093,729) 6. Pension Plan Administrative Expense 2,259, Other Changes in Plan Fiduciary Net Position (288,137) 8. Recognition of Outflow (Inflow) of Resources due to Liabilities (20,175,011) 9. Recognition of Outflow (Inflow) of Resources due to Assets 27,091, Total Pension Expense $ 170,647,509 Recognition of Deferred Outflows and Inflows of Resources According to paragraph 33 of GASB No. 68, differences between expected and actual experience and changes in assumptions are recognized in pension expense using a systematic and rational method over a closed period equal to the average of the expected remaining service lives of all employees that are provided with pensions through the pension plan (active employees and inactive employees) determined as of the beginning of the measurement period. The average of the expected remaining service lives for purposes of recognizing the applicable deferred outflows and inflows of resources established in the 2016 fiscal year is years. 1

11 Section A Additionally, differences between projected and actual earnings on pension plan investments should be recognized in pension expense using a systematic and rational method over a closed five-year period. For this purpose, the deferred outflows and inflows of resources are recognized in the pension expense as a level dollar amount over the closed period identified above. The aggregate Deferred Outflows and (Inflows are shown on the following page. The amounts by employer are shown on pages A-4 and A-5. Statement of Outflows and Inflows Arising from the Measurement Period Ending June 30, 2016 for the Employer Fiscal Year Ending June 30, 2017 A. Outflows (Inflows) of Resources due to Liabilities 1. Difference between expected and actual experience of the Total Pension Liability (gains) or losses (48,986,533) 2. Assumption Changes (gains) or losses $ - 3. Recognition period for Liabilities: Average of the expected remaining service lives of all employees {in years} Outflow (Inflow) of Resources to be recognized in the current pension expense for the Difference between expected and actual experience of the Total Pension Liability $ (10,018,311) 5. Outflow (Inflow) of Resources to be recognized in the current pension expense for Assumption Changes $ - 6. Outflow (Inflow) of Resources to be recognized in the current pension expense due to Liabilities $ (10,018,311) 7. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses for the Difference between expected and actual experience of the Total Pension Liability $ (38,968,222) 8. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses for Assumption Changes $ - 9. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses due to Liabilities $ (38,968,222) B. Outflows (Inflows) of Resources due to Assets 1. Net difference between projected and actual earnings on pension plan investments (gains) or losses $ 180,216, Recognition period for Assets {in years} Outflow (Inflow) of Resources to be recognized in the current pension expense due to Assets $ 36,043, Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses due to Assets $ 144,173,254 2

12 Section A Schedule of Employer Allocations and Pension Amounts Sensitivity Analysis At June 30, 2016 Proportionate Proportionate Proportionate Exhibit 1 Share of Share of Share of Proportionate Proportionate Net Pension Liability Net Pension Liability Net Pension Liability Share of Share as of as of June 30, % Decrease 1% Increase Pension Expense Participating Employer (1) June 30, % 6.50% 8.50% as of June 30, 2016 (2) (3) (4) (5) (6) State of Rhode Island University of Rhode Island Rhode Island College Community College of RI Lottery RI Higher Education Assistance Authority Narragansett Bay Commission RI Commerce Corporation RI Airport Corporation % 1,887,352,309 2,311,138,327 1,540,416, ,538, % 123,019, ,642, ,406,250 10,568, % 42,473,879 52,010,962 34,666,271 3,423, % 30,765,991 37,674,186 25,110,544 2,384, % 16,260,567 19,911,714 13,271,527 1,382, % 1,966,284 2,407,794 1,604,839 (147,038) % 18,292,407 22,399,784 14,929,871 1,430, % 293, , ,643 17, % 1,837,970 2,250,667 1,500,111 47,464 3

13 Section A Schedule of Employer Allocations Deferred Outflows Deferred Inflows and Pension Amounts Changes in Changes in At June 30, 2016 Proportion and Proportion and Exhibit 2 Net Difference Differences Net Difference Differences Differences Between Between Employer Differences Between Between Employer Between Projected Contributions and Contributions Total Between Projected Contributions and Total Expected and Actual Proportionate After the Deferred Expected and Actual Proportionate Deferred and Actual Changes of Investment Share of Measurement Outflows and Actual Changes of Investment Share of Inflows Participating Employer (1) Experience Assumptions Earnings Contributions Date of Resources Experience Assumptions Earnings Contributions of Resources (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) State of Rhode Island University of Rhode Island Rhode Island College Community College of RI Lottery RI Higher Education Assistance Authority Narragansett Bay Commission RI Commerce Corporation RI Airport Corporation ,500, ,500,147 49,979,844 9,370,910 60,778, , ,890, ,742,940 2,424,835-15,167,775 3,257, ,807 3,961,613-7,830, ,399,629 43,376-4,443,005 1,124, ,887 1,367,787 22,816 2,726, ,186, ,186, , , , ,272 2,276, ,684, ,323-1,937, ,604 80, ,639-1,034, , ,676 52,070 9,763 63,320 1,121,878 1,247, ,894, ,169-2,044, ,410 90, , ,729 1,400, ,414 3,191-33,605 7,775 1,458 9,455 20,126 38, ,385 15, ,953 48,672 9,126 59, , ,420 4

14 Section A Schedule of Employer Allocations Deferred Outflows and (Inflows) to be Recognized in Future Years and Pension Amounts Total Total Total Total Total Total At June 30, 2016 Deferred Deferred Deferred Deferred Deferred Deferred Exhibit 3 Outflow Outflow Outflow Outflow Outflow Outflow and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) Participating Employer (1) Thereafter (2) (3) (4) (5) (6) (7) State of Rhode Island University of Rhode Island Rhode Island College Community College of RI Lottery RI Higher Education Assistance Authority Narragansett Bay Commission RI Commerce Corporation RI Airport Corporation 5,930,784 5,930,785 38,721,781 24,026, ,077,599 1,077,599 3,214,404 1,968, , , , , ,239 11, , , , , , , (298,736) (298,736) (264,406) (181,477) ,587 19, , , (4,936) (4,936) 178 4, (94,334) (94,334) (62,415) (70,384) - - 5

15 SECTION B GASB NO. 68 INFORMATION FOR PARTICIPATING EMPLOYERS IN THE TEACHERS PLAN Section B Financial Statements

16 Section B GASB NO. 68 DISCLOSURE INFORMATION This section of the report shows the GASB No. 68 information for the employers covered by the Teachers Plan. Pages B-1 and B-2 show the aggregate pension expense and Deferred Outflows and (Inflows) of resources for the employers with employees covered by ERSRI. Pages B-3 through B-10 show the disclosure information for the individual employers that need to be incorporated into the employers financial statements. Page B-3 shows the employers their proportionate share of the Net Pension Liability and Pension Expense. Page B-6 shows the employers their deferred inflows and outflows by component. Page B-8 shows the employers the deferred outflows and inflows of resources to be recognized in future years pension expense. PENSION EXPENSE The table below shows the aggregate Pension Expense for the ERSRI employers for the fiscal year ending June 30, Pension Expense for each employer is determined on a proportionate share basis and is shown on page B-3. A. Expense 1. Service Cost $ 78,445, Interest on the Total Pension Liability 471,001, Current-Period Benefit Changes - 4. Employee Contributions (made negative for addition here) (49,502,952) 5. Projected Earnings on Plan Investments (made negative for addition here) (271,815,015) 6. Pension Plan Administrative Expense 3,463, Other Changes in Plan Fiduciary Net Position (1,207,570) 8. Recognition of Outflow (Inflow) of Resources due to Liabilities (22,108,416) 9. Recognition of Outflow (Inflow) of Resources due to Assets 41,701, Total Pension Expense $ 249,977,979 Recognition of Deferred Outflows and Inflows of Resources According to paragraph 33 of GASB No. 68, differences between expected and actual experience and changes in assumptions are recognized in pension expense using a systematic and rational method over a closed period equal to the average of the expected remaining service lives of all employees that are provided with pensions through the pension plan (active employees and inactive employees) determined as of the beginning of the measurement period. The average of the expected remaining service lives for purposes of recognizing the applicable deferred outflows and inflows of resources established in the 2016 fiscal year is years. 1

17 Section B Additionally, differences between projected and actual earnings on pension plan investments should be recognized in pension expense using a systematic and rational method over a closed five-year period. For this purpose, the deferred outflows and inflows of resources are recognized in the pension expense as a level dollar amount over the closed period identified above. The aggregate Deferred Outflows and (Inflows are shown on the following page. The amounts by employer are shown on pages B-6 and B-8. Statement of Outflows and Inflows Arising from the Measurement Period Ending June 30, 2016 for the Employer Fiscal Year Ending June 30, 2017 A. Outflows (Inflows) of Resources due to Liabilities 1. Difference between expected and actual experience of the Total Pension Liability (gains) or losses (50,843,400) 2. Assumption Changes (gains) or losses $ - 3. Recognition period for Liabilities: Average of the expected remaining service lives of all employees {in years} Outflow (Inflow) of Resources to be recognized in the current pension expense for the Difference between expected and actual experience of the Total Pension Liability $ (7,130,712) 5. Outflow (Inflow) of Resources to be recognized in the current pension expense for Assumption Changes $ - 6. Outflow (Inflow) of Resources to be recognized in the current pension expense due to Liabilities $ (7,130,712) 7. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses for the Difference between expected and actual experience of the Total Pension Liability $ (43,712,688) 8. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses for Assumption Changes $ - 9. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses due to Liabilities $ (43,712,688) B. Outflows (Inflows) of Resources due to Assets 1. Net difference between projected and actual earnings on pension plan investments (gains) or losses $ 276,603, Recognition period for Assets {in years} Outflow (Inflow) of Resources to be recognized in the current pension expense due to Assets $ 55,320, Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses due to Assets $ 221,282,623 2

18 Section B Schedule of Employer Allocations and Pension Amounts Sensitivity Analysis At June 30, 2016 Proportionate Proportionate Proportionate Exhibit 1 Share of Share of Share of Proportionate Proportionate Net Pension Liability Net Pension Liability Net Pension Liability Share of Share as of as of June 30, % Decrease 1% Increase Pension Expense Participating Employer (1) June 30, % 6.50% 8.50% as of June 30, 2016 (2) (3) (4) (5) (6) State of Rhode Island % 1,212,754,055 1,497,645, ,527, ,515,350 Barrington % 44,142,844 54,512,550 35,653,685 4,068,327 Bristol/Warren % 41,140,174 50,804,515 33,228,462 3,450,194 Burrillville % 24,908,450 30,759,756 20,118,278 1,759,155 Central Falls % 34,792,048 42,965,135 28,101,151 3,261,320 Chariho % 46,970,949 58,005,012 37,937,914 4,060,279 Coventry % 65,393,587 80,755,358 52,817,674 5,390,644 Cranston % 138,136, ,586, ,571,546 12,021,711 Cumberland % 54,740,242 67,599,409 44,213,086 5,228,398 East Greenwich % 30,861,308 38,111,015 24,926,336 2,797,900 East Providence % 61,441,400 75,874,752 49,625,536 5,659,797 Exeter-West Greenwich % 24,718,508 30,525,194 19,964,864 1,555,137 Foster % 3,034,934 3,747,878 2,451, ,644 Foster-Glocester % 15,775,667 19,481,569 12,741,831 1,310,406 Glocester % 7,120,328 8,792,982 5,751, ,118 Jamestown % 7,521,134 9,287,942 6,074, ,864 Johnston % 42,089,055 51,976,300 33,994,863 3,951,269 Lincoln % 45,568,936 56,273,649 36,805,524 3,412,925 Little Compton % 4,028,856 4,975,284 3,254, ,515 Middletown % 31,249,839 38,590,816 25,240,148 2,468,406 3

19 Section B Schedule of Employer Allocations and Pension Amounts Sensitivity Analysis At June 30, 2016 Proportionate Proportionate Proportionate Exhibit 1 Share of Share of Share of Proportionate Proportionate Net Pension Liability Net Pension Liability Net Pension Liability Share of Share as of as of June 30, % Decrease 1% Increase Pension Expense Participating Employer (1) June 30, % 6.50% 8.50% as of June 30, 2016 (2) (3) (4) (5) (6) Narragansett % 22,245,559 27,471,319 17,967,491 1,959,446 New Shoreham % 3,412,971 4,214,721 2,756, ,323 Newport % 28,335,774 34,992,201 22,886,490 2,054,039 North Kingstown % 52,412,244 64,724,536 42,332,788 4,541,865 North Providence % 43,597,532 53,839,137 35,213,242 4,534,716 North Smithfield % 20,668,314 25,523,559 16,693,568 1,698,902 Northern RI Collaborative % 3,811,992 4,707,476 3,078, ,147 Pawtucket % 101,708, ,601,157 82,148,865 8,850,360 Portsmouth % 31,826,498 39,302,940 25,705,909 2,264,317 Providence % 282,125, ,400, ,869,739 23,425,297 Scituate % 20,313,123 25,084,930 16,406,684 1,441,865 Smithfield % 32,561,955 40,211,165 26,299,930 3,276,540 South Kingstown % 49,461,027 61,080,041 39,949,123 4,220,876 Tiverton % 23,853,486 29,456,967 19,266,195 2,440,256 Urban Collaborative % 1,881,013 2,322,887 1,519, ,219 Warwick % 140,460, ,456, ,448,607 10,644,333 West Bay Collaborative % 2,037,400 2,516,011 1,645, ,656 West Warwick % 33,324,429 41,152,754 26,915,771 1,379,551 Westerly % 45,085,674 55,676,863 36,415,199 3,458,083 Woonsocket % 64,654,823 79,843,049 52,220,983 5,397,270 4

20 Section B Schedule of Employer Allocations and Pension Amounts Sensitivity Analysis At June 30, 2016 Proportionate Proportionate Proportionate Exhibit 1 Share of Share of Share of Proportionate Proportionate Net Pension Liability Net Pension Liability Net Pension Liability Share of Share as of as of June 30, % Decrease 1% Increase Pension Expense Participating Employer (1) June 30, % 6.50% 8.50% as of June 30, 2016 (2) (3) (4) (5) (6) Highlander Charter School % 4,574,718 5,649,377 3,694, ,264 Paul Cuffee Charter School % 9,550,853 11,794,468 7,714, ,911 Kingston Hill Charter School % 1,718,670 2,122,407 1,388, ,529 International Charter School % 3,195,323 3,945,944 2,580, ,956 Compass School Charter School % 1,469,119 1,814,234 1,186,591 99,386 Blackstone Academy Charter School % 2,256,052 2,786,027 1,822, ,057 Beacon Charter School % 3,118,569 3,851,160 2,518, ,175 Learning Community Charter School % 5,819,057 7,186,026 4,699, ,194 Segue Institute Charter School % 2,105,955 2,600,670 1,700, ,078 Greene Charter School % 1,923,835 2,375,768 1,553, ,160 Trinity Academy Charter School % 1,918,031 2,368,600 1,549, ,546 RI Nurses Charter School % 2,348,745 2,900,494 1,897, ,644 Village Green Charter School % 1,742,099 2,151,339 1,407, ,509 Sheila Nowell Charter School % 1,271,727 1,570,471 1,027, ,790 South Side Charter School % 396, , ,581 83,360 5

21 Section B Schedule of Employer Allocations Deferred Outflows Deferred Inflows and Pension Amounts Changes in Changes in At June 30, 2016 Proportion and Proportion and Exhibit 2 Net Difference Differences Net Difference Differences Differences Between Between Employer Differences Between Between Employer Between Projected Contributions and Contributions Total Between Projected Contributions and Total Expected and Actual Proportionate After the Deferred Expected and Actual Proportionate Deferred and Actual Changes of Investment Share of Measurement Outflows and Actual Changes of Investment Share of Inflows Participating Employer (1) State of Rhode Island Barrington Bristol/Warren Burrillville Central Falls Chariho Coventry Cranston Cumberland East Greenwich East Providence Exeter-West Greenwich Foster Foster-Glocester Glocester Jamestown Johnston Lincoln Little Compton Middletown Narragansett New Shoreham Newport North Kingstown North Providence North Smithfield Northern RI Collaborative Pawtucket Portsmouth Providence Scituate Smithfield South Kingstown Tiverton Urban Collaborative Experience Assumptions Earnings Contributions Date of Resources Experience Assumptions Earnings Contributions of Resources (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) ,235,116 1,453, ,689,093 23,928,311 25,121,566 42,597,404 1,815,763 93,463, ,995,199 2,097,919-7,093, , ,396 1,550,496-3,335, ,655, ,493-4,963, , ,197 1,445, ,663 3,434, ,818, ,234-3,010, , , ,897 1,964,337 3,846, ,937,064 1,985,073-5,922, , ,699 1,222,054-2,629, ,315,227 2,869,190-8,184, , ,979 1,649,832 2,450,580 6,000, ,399, ,400-7,561,331 1,290,252 1,354,594 2,296, ,144 5,568, ,631,543 2,923,760-18,555,303 2,725,515 2,861,431 4,851, ,483 10,597, ,194,400 3,876,752-10,071,152 1,080,055 1,133,915 1,922,725-4,136, ,492,262 1,594,731-5,086, , ,276 1,083, ,238 2,594, ,952,702 3,020,523-9,973,225 1,212,273 1,272,726 2,158,100-4,643, ,797, ,797, , , ,226 2,843,380 4,711, , ,433 59,881 62, , , , ,785,173 93,081-1,878, , , , ,145 1,337, , ,296-1,180, , , , , , , , , , , ,108 1,122, ,762,793 2,451,875-7,214, , ,853 1,478,358-3,180, ,156, ,156, , ,937 1,600,587 2,222,303 5,665, , , ,706 79,492 83, ,512 1,293,090 1,597, ,536, ,185-4,028, , ,324 1,097,636 1,258,725 3,620, ,517, ,311-3,219, , , , ,051 1,882, , ,211 67,340 70, , , , ,206, ,206, , , ,281 1,924,439 4,065, ,930,964 1,612,354-7,543,318 1,034,123 1,085,692 1,840, ,280 4,576, ,933,492 4,860,465-9,793, , ,100 1,531,343-3,294, ,338, ,700-2,531, , , , ,243 1,913, , , ,693 75,213 78, , ,253 1,265, ,509,328 1,998,357-13,507,685 2,006,766 2,106,839 3,572,464-7,686, ,601, ,800-3,829, , ,269 1,117,891 2,403,347 4,808, ,925, ,925,305 5,566,495 5,844,085 9,909,528 1,198,143 22,518, ,298, ,298, , , ,489 1,520,497 3,055, ,684,707 3,061,830-6,746, , ,504 1,143,723-2,460, ,597, ,954-6,453, ,893 1,024,559 1,737, ,515 4,082, ,699,258 2,442,207-5,141, , , ,842-1,802, , , ,560 37,113 38,964 66,070 64, ,807 6

22 Section B Schedule of Employer Allocations Deferred Outflows Deferred Inflows and Pension Amounts Changes in Changes in At June 30, 2016 Proportion and Proportion and Exhibit 2 Net Difference Differences Net Difference Differences Differences Between Between Employer Differences Between Between Employer Between Projected Contributions and Contributions Total Between Projected Contributions and Total Expected and Actual Proportionate After the Deferred Expected and Actual Proportionate Deferred and Actual Changes of Investment Share of Measurement Outflows and Actual Changes of Investment Share of Inflows Warwick Participating Employer (1) West Bay Collaborative West Warwick Westerly Woonsocket Highlander Charter School Paul Cuffee Charter School Kingston Hill Charter School International Charter School Compass School Charter School Blackstone Academy Charter School Beacon Charter School Learning Community Charter School Segue Institute Charter School Greene Charter School Trinity Academy Charter School RI Nurses Charter School Village Green Charter School Sheila Nowell Charter School South Side Charter School Experience Assumptions Earnings Contributions Date of Resources Experience Assumptions Earnings Contributions of Resources (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) ,894, ,894,526 2,771,369 2,909,571 4,933,618 6,497,571 17,112, , , ,639 40,199 42,204 71, , ,770,989 3,232,737-7,003, , ,298 1,170,505 12,282,368 14,800, ,101, ,101, , ,926 1,583,613 1,799,386 5,206, ,316, ,461-8,005,794 1,275,675 1,339,291 2,270, ,493 5,609, , ,833-1,173,508 90,262 94, , , ,080, ,807-1,267, , , , ,967 1,223, , , ,644 33,910 35,601 60, , , ,582 63,045 66, , , , ,245 40, ,421 28,987 30,432 51, , , , ,940-1,041,235 44,513 46,733 79, , ,897 1,006,419-1,359,316 61,531 64, , , , , , , , , , ,310 21, ,344 41,552 43,624 73, , , , , ,552 37,958 39,851 67,574 41, , , , ,435 37,844 39,731 67,370 49, , , , ,897 46,342 48,653 82, , , , ,262 34,373 36,087 61, , ,908 66, ,512 25,092 26,343 44,669 18, , , , ,534 7,831 8,222 13,941-29,994 7

23 Section B Schedule of Employer Allocations Deferred Outflows and (Inflows) to be Recognized in Future Years and Pension Amounts Total Total Total Total Total Total At June 30, 2016 Deferred Deferred Deferred Deferred Deferred Deferred Exhibit 3 Outflow Outflow Outflow Outflow Outflow Outflow and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) Participating Employer (1) Thereafter (2) (3) (4) (5) (6) (7) State of Rhode Island 7,869,470 7,869,470 29,168,169 13,405,193 (9,081,359) (4,004,894) Barrington 659, ,724 1,434, ,218 42,734 98,890 Bristol/Warren 273, , , ,238 (301,571) (173,228) Burrillville (164,215) (164,215) 273,233 (50,519) (512,364) (217,705) Central Falls 574, ,762 1,185, ,574 88, ,562 Chariho 433, ,297 1,258, ,700 (223,222) (365,022) Coventry 341, ,111 1,489, ,605 (572,904) (246,071) Cranston 1,355,125 1,355,125 3,781,119 1,985,663 (575,631) 56,484 Cumberland 1,001,492 1,001,492 1,962,855 1,251, , ,878 East Greenwich 414, , , ,736 (16,486) 166,736 East Providence 915, ,443 1,994,493 1,195,898 56, ,180 Exeter-West Greenwich (353,566) (353,566) 80,547 (240,736) (699,060) (347,822) Foster (71,706) (71,706) (18,406) (57,853) (114,126) (79,291) Foster-Glocester 92,246 92, , ,256 (128,252) (48,851) Glocester 88,303 88, , ,804 (11,219) (22,437) Jamestown (49,901) (49,901) 82,187 (15,570) (155,025) (83,175) Johnston 701, ,256 1,440, , , ,723 Lincoln (105,797) (105,797) 694, ,207 (742,719) (351,742) Little Compton (167,584) (167,584) (96,828) (149,193) (223,895) (76,760) Middletown 55,370 55, , ,013 (381,413) (123,377) Narragansett 241, , , ,241 (69,230) (52,312) New Shoreham (2,220) (2,220) 57,720 13,359 (49,923) (23,797) Newport (133,980) (133,980) 363,660 (4,639) (530,033) (420,316) North Kingstown 494, ,719 1,415, ,960 (237,853) 66,526 North Providence 1,168,222 1,168,222 1,933,893 1,367, , ,893 8

24 Section B Schedule of Employer Allocations Deferred Outflows and (Inflows) to be Recognized in Future Years and Pension Amounts Total Total Total Total Total Total At June 30, 2016 Deferred Deferred Deferred Deferred Deferred Deferred Exhibit 3 Outflow Outflow Outflow Outflow Outflow Outflow and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) Participating Employer (1) Thereafter (2) (3) (4) (5) (6) (7) North Smithfield 102, , , ,288 (185,938) (64,782) Northern RI Collaborative (97,206) (97,206) (30,259) (79,806) (150,487) (175,666) Pawtucket 996, ,674 2,782,906 1,460,931 (424,920) 9,351 Portsmouth (193,249) (193,249) 365,696 (47,974) (638,092) (272,310) Providence 1,640,247 1,640,247 6,595,011 2,928,035 (2,303,059) (1,093,427) Scituate (126,664) (126,664) 230,081 (33,943) (410,583) (289,147) Smithfield 762, ,184 1,334, , , ,553 South Kingstown 401, ,617 1,270, ,387 (289,706) (39,484) Tiverton 598, ,348 1,017, , , ,730 Urban Collaborative 24,971 24,971 58,006 33,557 (1,320) (7,432) Warwick (201,705) (201,705) 2,265, ,441 (2,164,943) (1,353,795) West Bay Collaborative 83,334 83, ,115 92,634 54,857 38,399 West Warwick (1,193,680) (1,193,680) (608,428) (1,041,568) (1,659,460) (2,100,138) Westerly (23,322) (23,322) 768, ,475 (653,490) (355,425) Woonsocket 404, ,784 1,540, ,906 (498,905) (154,473) Highlander Charter School 142, , , ,898 78,075 80,434 Paul Cuffee Charter School 1,417 1, ,151 45,012 (132,077) (41,060) Kingston Hill Charter School 29,817 29,817 60,001 37,662 5,795 5,674 International Charter School (49,779) (49,779) 6,338 (35,194) (94,440) (84,208) Compass School Charter School (14,056) (14,056) 11,745 (7,350) (34,590) (36,637) Blackstone Academy Charter School 144, , , , , ,114 Beacon Charter School 192, , , , , ,396 Learning Community Charter School 4,860 4, ,056 31,422 (76,473) (51,591) Segue Institute Charter School (3,539) (3,539) 33,446 6,074 (32,974) (29,326) Greene Charter School 40,608 40,608 74,395 49,390 13,719 30,086 9

25 Section B Schedule of Employer Allocations Deferred Outflows and (Inflows) to be Recognized in Future Years and Pension Amounts Total Total Total Total Total Total At June 30, 2016 Deferred Deferred Deferred Deferred Deferred Deferred Exhibit 3 Outflow Outflow Outflow Outflow Outflow Outflow and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) and (Inflow) Participating Employer (1) Thereafter (2) (3) (4) (5) (6) (7) Trinity Academy Charter School 53,441 53,441 87,126 62,196 26,632 7,349 RI Nurses Charter School 74,278 74, ,528 84,999 41,450 19,632 Village Green Charter School 95,988 95, , ,940 71,639 62,474 Sheila Nowell Charter School 17,591 17,591 39,925 23,395 (185) (1,916) South Side Charter School 52,711 52,711 59,681 54,522 47,163 33,752 10

26 SECTION C GASB NO. 68 INFORMATION FOR PARTICIPATING EMPLOYERS IN THE TEACHERS SURVIVOR BENEFFITS PLAN Section C Financial Statements

27 Section C GASB NO. 68 DISCLOSURE INFORMATION This section of the report shows the GASB No. 68 information for the employers covered by the Teachers Survivor Benefits Plan. Pages C-1 and C-2 show the aggregate pension expense and Deferred Outflows and (Inflows) of resources for the employers with employees covered by the TSB. Pages C-3 through C-5 show the disclosure information for the individual employers that need to be incorporated into the employers financial statements. Page C-3 shows the employers their proportionate share of the Net Pension Liability and Pension Expense. Page C-4 shows the employers their deferred inflows and outflows by component. Page C-5 shows the employers the deferred outflows and inflows of resources to be recognized in future years pension expense. PENSION EXPENSE The table below shows the aggregate Pension Expense for the ERSRI employers for the fiscal year ending June 30, Pension Expense for each employer is determined on a proportionate share basis and is shown on page C-3. A. Expense 1. Service Cost $ 2,151, Interest on the Total Pension Liability 14,803, Current-Period Benefit Changes - 4. Employee Contributions (made negative for addition here) (642,276) 5. Projected Earnings on Plan Investments (made negative for addition here) (21,763,039) 6. Pension Plan Administrative Expense 267, Other Changes in Plan Fiduciary Net Position 1 8. Recognition of Outflow (Inflow) of Resources due to Liabilities 217, Recognition of Outflow (Inflow) of Resources due to Assets 3,260, Total Pension Expense $ (1,703,957) Recognition of Deferred Outflows and Inflows of Resources According to paragraph 33 of GASB No. 68, differences between expected and actual experience and changes in assumptions are recognized in pension expense using a systematic and rational method over a closed period equal to the average of the expected remaining service lives of all employees that are provided with pensions through the pension plan (active employees and inactive employees) determined as of the beginning of the measurement period. The average of the expected remaining service lives for purposes of recognizing the applicable deferred outflows and inflows of resources established in the 2016 fiscal year is years. 1

28 Section C Additionally, differences between projected and actual earnings on pension plan investments should be recognized in pension expense using a systematic and rational method over a closed five-year period. For this purpose, the deferred outflows and inflows of resources are recognized in the pension expense as a level dollar amount over the closed period identified above. The aggregate Deferred Outflows and (Inflows are shown on the following page. The amounts by employer are shown on pages C-3 and C-5. Statement of Outflows and Inflows Arising from the Measurement Period Ending June 30, 2016 for the Employer Fiscal Year Ending June 30, 2017 A. Outflows (Inflows) of Resources due to Liabilities 1. Difference between expected and actual experience of the Total Pension Liability (gains) or losses (22,205,345) 2. Assumption Changes (gains) or losses $ - 3. Recognition period for Liabilities: Average of the expected remaining service lives of all employees {in years} Outflow (Inflow) of Resources to be recognized in the current pension expense for the Difference between expected and actual experience of the Total Pension Liability $ (2,410,664) 5. Outflow (Inflow) of Resources to be recognized in the current pension expense for Assumption Changes $ - 6. Outflow (Inflow) of Resources to be recognized in the current pension expense due to Liabilities $ (2,410,664) 7. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses for the Difference between expected and actual experience of the Total Pension Liability $ (19,794,681) 8. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses for Assumption Changes $ - 9. Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses due to Liabilities $ (19,794,681) B. Outflows (Inflows) of Resources due to Assets 1. Net difference between projected and actual earnings on pension plan investments (gains) or losses $ 21,814, Recognition period for Assets {in years} Outflow (Inflow) of Resources to be recognized in the current pension expense due to Assets $ 4,362, Deferred Outflow (Inflow) of Resources to be recognized in future pension expenses due to Assets $ 17,451,234 2

29 Section C Schedule of Employer Allocations and Pension Amounts Sensitivity Analysis At June 30, 2016 Proportionate Proportionate Proportionate Exhibit 1 Share of Share of Share of Proportionate Proportionate Net Pension Liability Net Pension Liability Net Pension Liability Share of Share as of as of June 30, % Decrease 1% Increase Pension Expense Participating Employer (1) June 30, % 6.50% 8.50% as of June 30, 2016 (2) (3) (4) (5) (6) Barrington % (4,802,830) (3,811,101) (5,614,245) (101,625) Bristol-Warren % (4,421,711) (3,508,678) (5,168,737) (66,168) Burrillville % (3,191,433) (2,532,439) (3,730,610) (43,085) Central Falls Collaborative % (4,256,574) (3,377,641) (4,975,702) (58,702) Coventry % (7,059,124) (5,601,496) (8,251,729) (80,809) Cranston % (16,261,491) (12,903,678) (19,008,790) (302,616) Cumberland % (6,718,614) (5,331,297) (7,853,691) (140,008) East Greenwich % (3,676,575) (2,917,405) (4,297,715) (66,453) East Providence % (7,985,342) (6,336,461) (9,334,427) (208,919) Foster % (422,673) (335,396) (494,082) (12,511) Foster-Glocester % (1,846,475) (1,465,199) (2,158,428) (31,280) Glocester % (863,206) (684,964) (1,009,040) (16,582) Johnston % (4,958,163) (3,934,360) (5,795,821) (123,955) Lincoln % (4,764,203) (3,780,449) (5,569,091) (58,103) Little Compton % (617,074) (489,656) (721,326) (7,636) Middletown % (3,463,316) (2,748,181) (4,048,427) (36,680) Newport % (3,284,559) (2,606,336) (3,839,470) (52,841) North Smithfield % (2,664,032) (2,113,940) (3,114,108) (42,663) Northern RI Collaborative % (550,657) (436,952) (643,687) (13,490) Portsmouth % (3,817,161) (3,028,961) (4,462,052) (56,266) Scituate % (2,256,099) (1,790,241) (2,637,256) (42,236) Smithfield % (3,682,287) (2,921,937) (4,304,391) (45,560) Tiverton % (2,911,399) (2,310,229) (3,403,266) (42,147) Urban Collaborative % (208,360) (165,336) (243,561) (173) Westerly % (4,888,524) (3,879,100) (5,714,416) (53,449) 3

30 Section C Schedule of Employer Allocations Deferred Outflows Deferred Inflows and Pension Amounts Changes in Changes in At June 30, 2016 Proportion and Proportion and Exhibit 2 Net Difference Differences Net Difference Differences Differences Between Between Employer Differences Between Between Employer Between Projected Contributions and Contributions Total Between Projected Contributions and Total Expected and Actual Proportionate After the Deferred Expected and Actual Proportionate Deferred and Actual Changes of Investment Share of Measurement Outflows and Actual Changes of Investment Share of Inflows Participating Employer (1) Experience Assumptions Earnings Contributions Date of Resources Experience Assumptions Earnings Contributions of Resources (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) Barrington 914,300-1,270, ,185, , , ,330 1,501,513 Bristol-Warren 841,748-1,170,039 78,200-2,089, , ,254-1,240,281 Burrillville 607, ,493 97,317-1,549, , , ,190 Central Falls Collaborative 810,311-1,126,342 94,894-2,031, , ,762-1,193,960 Coventry 1,343,824-1,867, ,849-3,523,604 1,403, ,731-1,980,070 Cranston 3,095,650-4,302, ,398,640 3,232,752-1,328, ,588 4,787,905 Cumberland 1,279,002-1,777, ,056,830 1,335, , ,500 2,059,057 East Greenwich 699, , ,672, , ,376 31,605 1,062,876 East Providence 1,520,146-2,113, ,633,166 1,587, , ,672 2,777,544 Foster 80, , ,308 84,027-34,532 35, ,011 Foster-Glocester 351, ,600 (2,768) - 837, , , ,932 Glocester 164, , , ,604-70,524 12, ,164 Johnston 943,871-1,311, ,255, , , ,876 1,678,630 Lincoln 906,947-1,260, ,890-2,351, , ,235-1,336,348 Little Compton 117, ,286 (21,466) - 259, ,673-50, ,088 Middletown 659, , ,725-1,763, , , ,453 Newport 625, ,135 52,629-1,547, , , ,312 North Smithfield 507, ,936 25,439-1,237, , , ,255 Northern RI Collaborative 104, , , ,469-44,989 32, ,266 Portsmouth 726,661-1,010,068 58,796-1,795, , ,862-1,070,706 Scituate 429, , ,026, , ,323 32, ,015 Smithfield 700, , ,710-1,798, , ,843-1,032,874 Tiverton 554, ,392 62,314-1,386, , , ,641 Urban Collaborative 39,665-55,135 28, ,916 41,422-17,023-58,445 Westerly 930,614-1,293, ,406-2,469, , ,392-1,371,220 4